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Economic Times

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Data collaboration software firm Atlan raises $105 million; valuation nearly doubles to $750 million

Singapore's Atlan, a data collaboration software startup, has raised $105 million in a funding round led by GIC and Meritech Capital, valuing the company at $750 million. The funds will be used to capitalize on the growing demand from large corporations seeking to make their databases suitable for artificial intelligence. Atlan provides a technology layer that acts as a control plane on top of a business's disparate infrastructure, competing with products from Microsoft, Oracle, SAP, IBM, and well-funded startups like Hex, Collibra, and Alation. Atlan plans to scale its operations, invest in product development, and expand its teams in India.

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